Üçoğlu, D.2024-07-182024-07-182021978179988233617998823149781799882312https://doi.org/10.4018/978-1-7998-8231-2.ch003https://hdl.handle.net/11411/6574Tourism is a vulnerable sector to risk-related events such as natural disasters, terrorist attacks, economic crises, or infectious diseases. After the outbreak of COVID-19 being confirmed a pandemic in March 2020, the operations of tourism companies decreased sharply due to the restrictions and measures imposed as the virus was being transmitted easily between people through droplets or particles that float in the air. Therefore, this chapter focuses on the financial impacts of COVID-19 on tourism by examining the financial statements and disclosures of some listed companies. Although there are some studies on the potential effects of the COVID-19 on the economy or the businesses, there are hardly any concerning the financial impact of the pandemic on tourism companies as of the end of pandemic's first year. This study identifies the effect of COVID-19 on the financial position and performance of tourism companies, COVID-19 related risks, the strategies implemented by companies and their possible impact on operations. © 2021, IGI Global.eninfo:eu-repo/semantics/closedAccessBook Chapter2-s2.0-8513807207710.4018/978-1-7998-8231-2.ch00368N/A45